J-Lo and A-Rod part ways with Malibu “fixer-upper” for $6.8M

Celeb couple listed the property earlier this summer for $8 million

Los Angeles /
Sep.September 16, 2020 04:41 PM
Jennifer Lopez and Alex Rodriguez with their Malibu beach house (Getty; Courtesy Compass)

Jennifer Lopez and Alex Rodriguez with their Malibu beach house (Getty; Courtesy Compass)

That was fast: Jennifer Lopez and Alex Rodriguez found a buyer for their Malibu beach house just two months after putting the three-story home on the market.

The home sold for $6.8 million, slightly more than what they paid when they purchased the property last year, according to the Wall Street Journal. It hit the market in late July asking $8 million.

The couple bought the 4,400-square-foot home from actor Jeremy Piven and planned to renovate with help from Joanna Gaines, the shiplap-loving star of HGTV’s “Fixer Upper.” A source told the Journal that the renovation never happened, although listing agent Carl Gambino said the electrical and plumbing systems were overhauled and some walls were reframed.

The house has five bedrooms and 4.5 bathrooms, along with balconies on each floor to maximize the views over the Pacific Ocean. There’s also 50 feet of beach frontage.

The couple has been making some big real estate moves in the past couple of years: In addition to the Malibu property, they sold an apartment at 432 Park Avenue in New York for $15.75 million.

Most recently, they snagged a huge mansion on Miami Beach’s Star Island for $32.5 million. The waterfront mansion spans 15,000 square feet and has 100 feet of water frontage.

Rodriguez’s former Yankees teammate Derek Jeter listed his Tampa Bay mansion this week for $29 million. Tampa Bay Buccaneers quarterback Tom Brady and his wife Gisel Bündchen are currently renting the 30,875-square-foot home. It’s the largest and most expensive home on Tampa’s Davis Island.
[WSJ] — Dennis Lynch


Related Articles

arrow_forward_ios
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
Matt Lauer exposes Hamptons estate to the market
 Fredrik Eklund and the property (Getty, Steve Frankel)
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Fredrik Eklund lists Bel Air mansion for rent as family moves to “forever home”
Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Gordon Ramsay to open first South Florida restaurant in Miami Beach
Two penthouse apartments were sold at 150 East 78th Street with the intent of combining them (Compass)
Double penthouse asking $33M is priciest listing snapped up
Double penthouse asking $33M is priciest listing snapped up
Ford estate fetches $105M, a Hamptons “record” but far below ask
Ford estate fetches $105M, a Hamptons “record” but far below ask
Ford estate fetches $105M, a Hamptons “record” but far below ask
HRI founder Aaron Carr and Virginia Attorney General Mark Herring (Facebook, Getty)
Housing Rights probe pins voucher discrimination on VA landlords, brokers
Housing Rights probe pins voucher discrimination on VA landlords, brokers
School and office reopenings led to fewer reservations at the end of summer. (iStock)
Hamptons rental market had strong summer, begins to cool
Hamptons rental market had strong summer, begins to cool
Zillow CEO Rich Barton (Getty, iStock)
Zillow hits the brakes on iBuying
Zillow hits the brakes on iBuying
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...